Cirrus Logic, Inc. (CRUS) Tops Q4 EPS by 9c; Issues Q1 Revs Outlook

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Go back to Cirrus Logic, Inc. (CRUS) Tops Q4 EPS by 9c; Issues Q1 Revs Outlook

Northland Capital Markets Upgrades Cirrus Logic (CRUS) to Outperform

April 25, 2014 8:04 AM EDT

Northland Capital Markets upgraded Cirrus Logic (NASDAQ: CRUS) from Market Perform to Outperform with a price target of $27.00 (from $22.00).

Analyst Tom Sepenzis comments, "We are raising our Rating from Market Perform to Outperform and our target price from $22.00 to $27.00 after a strong... More

Cirrus Logic (CRUS) Turn Coming Sooner, Needham & Company Says; PT, Estimates Lifted Post Q4

April 25, 2014 6:54 AM EDT

Needham & Company analyst Vernon Essi adjusted estimates and boosted his price target on Buy-rated Cirrus Logic (NASDAQ: CRUS) from $21 to $26 following strong results and guidance, saying the turnaround is coming sooner than expected.

Essi comments, "Our prior expectation that we would have six months of darkness has taken an abrupt turn: CRUS not... More